NOT LISTED FOR SALE
4 Beds
4 Baths
1,500 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: July 28, 2023

Last sale price $1,210,000 $807 Per Sq Ft

14 Days on Market

About This Home

As of July 2023

1100 Weber Way is a 7 unit apartment community located in the highly desirable South Land Park neighborhood. The property consists of (6) 1 Bedroom 1 Bathroom units and (1) 2 Bedroom 1 Bathroom unit. The building has been under the same ownership for the past 30 years and provides a new owner the opportunity to remodel units and achieve higher rents. There are 7 off street parking spaces.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 05/18/2023

North Coast Commercial, Inc.

Last Buyer's Agent

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 05/18/2023

North Coast Commercial, Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,125

Year Built

  • Built in 1960

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 016-0124-027-0000

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 6 Leased Units
  • 1 Vacant Unit
  • 5 Units Leased Month-To-Month
  • Insurance Expense $3,000
  • Professional Management Expense $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,125

Year Built

Built in 1960

Lot Details

0.25 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1960
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit
  • Price Per Square Foot: 303.11

Exterior Features

  • Construction Materials: Concrete
  • Foundation: Slab
  • Listing Price: 1250000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 7.00

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3
  • Irrigation: Other
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Rent Only
  • Lease Term: Varies By Unit
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 3000
  • Number of Leased Units: 6
  • Number of Month to Month Units: 5
  • Number of Units: 7
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 016-0124-027-0000
  • Current RE Taxes: 14125
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 26, 2023
Sold by
Bought by
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Tim Swanston
North Coast Commercial, Inc.
List Price
$1,250,000
Sold Price
$1,210,000
Premium/Discount to List
-$40,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$897,500
Outstanding Balance
$867,375
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Land Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,210,000 Fidelity National Title Compan
-- None Available
$530,000 First American Title Ins Co
$245,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $897,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $1,210,000 -3.2% $807 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,250,000 -- $833 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,176 $1,258,884 $208,080 $1,050,804
2025 $15,176 $1,234,200 $204,000 $1,030,200
2024 $14,963 $1,210,000 $200,000 $1,010,000
2023 $7,773 $591,616 $121,100 $470,516
2022 $7,667 $580,017 $118,726 $461,291
2021 $7,303 $568,646 $116,399 $452,247
2020 $7,337 $562,816 $115,206 $447,610
2019 $7,186 $551,782 $112,948 $438,834
2018 $6,999 $540,964 $110,734 $430,230
2017 $6,888 $530,358 $108,563 $421,795
2016 $6,723 $519,960 $106,435 $413,525
2015 $6,609 $512,151 $104,837 $407,314
2014 $6,458 $502,120 $102,784 $399,336
Source: Public Records

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Map

Source: MetroList

MLS Number: 223044342

MetroList
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